This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
You may know that in addition to my work on innovation and creativity , I work as a professional Project Manager. As I’ve just finished leading an 18-month project, I am reflecting on how project management and leading teams is changing as Artificial Intelligence becomes more common in the workplace.
What is the Business Case Development Template? A Business Case is a structured document or presentation that evaluates the merits of a proposed project or initiative. A well-developed business case provides stakeholders with the information needed to make informed decisions about whether to move forward with a project.
What is a Go-to-Market Strategy? Go-to-Market Strategy: A Practical Guide for Strategy Projects A Go-to-Market (GTM) strategy is a structured plan that defines how a company will introduce a product or service to the market, attract customers, and achieve a competitive advantage.
Unlike free-form brainstorming, SCAMPER provides a scaffold framework that guides teams through a wide array of mental shifts. It supports both incremental improvements and disruptive ideas, making it a versatile tool for innovation professionals, product designers, marketingteams, and operations leaders alike.
Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.". But by then, it may be too late.
It helps innovation teams reduce uncertainty by laying out the elements of a business or product hypothesis in a clear and visual way. Rather than pursuing full-scale execution based on intuition or untested assumptions, teams use the canvas to validate their ideas through focused, low-cost experiments.
Coined by Harvard professor Clayton Christensen, this concept explains how innovations that initially serve niche or low-end markets can evolve to displace established competitors over time. As they improve and gain market traction, they shift industry standards and expectations.
Concept Testing is a structured process that evaluates consumer acceptance of a new product or idea before market launch. In todays competitive market, companies must ensure that they are investing in ideas that meet real customer needs and expectations. Eliminating weak elements that may hinder product success.
White Space Innovation is a strategic framework used to identify and pursue growth opportunities beyond a companys current product lines, markets, or business models. This approach encourages curiosity, risk-taking, and adaptabilitytraits essential for thriving in uncertain markets. Adjacent markets with overlapping challenges.
In the early Incubate stage, growth is slow as teams experiment and refine the concept. By mapping where a product or technology lies on the S-curve, organizations can better allocate resources, decide when to innovate, and anticipate market transitions. Helping teams avoid over-investing in aging technologies or saturated markets.
It proposes that approximately 70% of innovation investment should focus on improving existing products and processes, 20% on expanding into adjacent markets or offerings, and 10% on exploring transformative, disruptive ideas that could redefine the business. This area leverages existing capabilities but requires some adaptation.
Gap Analysis: A Practical Guide for Strategy Projects Gap Analysis is a structured framework used to evaluate the difference between an organizations current performance and its desired future state. This analysis is widely used across industries, from business operations and project management to human resources and product development.
When it comes to transforming leadership development programs, incorporating Artificial Intelligence (AI) is a game changer. Benefits of Integrating AI in Leadership Development There are numerous advantages to integrating AI in your leadership development programs.
Market Share Are you David or Goliath in the market? Employee Productivity Is your team firing on all cylinders? Integrating Innovation into Business Strategy Understanding Innovation’s Role in Your Business Game Plan Staying in the race in today’s wild market means plugging innovation into your business plans.
SWOT Analysis: A Practical Guide for Strategy Projects SWOT Analysis is a strategic planning framework used to evaluate an organizations internal strengths and weaknesses as well as external opportunities and threats. Weaknesses Internal factors that limit success. Lead Successful Strategy Projects!
Benchmarking Analysis: A Practical Guide for Strategy Projects What is Benchmarking Analysis? By systematically comparing performance metrics, organizations can determine whether they are operating efficiently, meeting customer expectations, and staying competitive in their market. What is Benchmarking Analysis?
Financial modeling is particularly essential in innovation projects, where investments must be justified, resources need to be allocated wisely, and potential returns must be clearly understood before execution begins. Financial models in innovation projects help to: Forecast market penetration and customer growth.
Critical Success Factors: A Practical Guide for Strategy Projects Critical Success Factors (CSFs) are the key areas of performance that are essential for an organization to achieve its strategic objectives. Adapt to market changes while maintaining core competitive strengths. Lead Successful Strategy Projects!
A Customer Problem Statement is a clearly defined issue that a project or initiative aims to solve. It ensures teams stay focused on addressing real customer pain points while aligning efforts toward a common goal. Improve Solution Relevance: Ensures teamsdevelop products and services that truly address customer pain points.
Six Thinking Hats, also known as Listening Hats, is a structured problem-solving and decision-making framework developed by Edward de Bono. It encourages individuals and teams to look at problems or opportunities from six distinct perspectives, each symbolized by a colored hat. Examples: Should we enter a new market segment?
SOAR Analysis: A Practical Guide for Strategy Projects SOAR Analysis is a strategic planning framework that helps organizations leverage their strengths, identify opportunities, define ambitions, and measure results to drive growth and success. Creates a shared vision for success Aligns teams around common ambitions.
Balanced Scorecard: A Practical Guide for Strategy Projects The Balanced Scorecard (BSC) is a strategic management framework that helps organizations translate their vision and strategy into measurable performance objectives across multiple perspectives. Supports innovation and learning Encourages continuous employee development.
McKinsey 7S Model: A Practical Guide for Strategy Projects The McKinsey 7S Model is a strategic framework developed by McKinsey & Company to help organizations assess and align their internal structure and processes for maximum effectiveness. Staff The workforce, including hiring, development, and retention strategies.
Have you ever worked for a manager or boss who did not want to hear bad news? This can be especially dangerous when the problem they are avoiding is that they are being disrupted , other companies are out-innovating them, an important project is off-target or performance KPIs are falling behind. Volkswagen.
Exploration on the other hand requires a mentality where not everything is known, new ideas need to be developed, tried, iterated and improved, and not everything that is attempted will work out as it was planned. Option 2: Innovation teams within each company brand / product unit. Positives: Simple. Negatives: Low remit to experiment.
Strategy Map: A Practical Guide for Strategy Projects A strategy map is a visual representation of an organizations strategic objectives and how they interconnect across different business functions. Align teams and departments toward a common vision. Enhance strategic alignment Ensures all teams work toward the same vision.
By incorporating AI into coaching programs, you can leverage advanced technologies to enhance your clients’ leadership development journey. Harnessing Artificial Intelligence for Leadership Development AI offers unparalleled tools for leadership development by providing data-driven insights and personalized coaching.
Unique Selling Proposition: A Practical Guide for Strategy Projects A Unique Selling Proposition (USP) is a distinct and compelling reason why a customer should choose a product or service over competitors. It defines what makes a brand stand out in the market and how it delivers superior value to its customers.
Kays Distinctive Capabilities Framework: A Practical Guide for Strategy Projects Kays Distinctive Capabilities Framework , developed by John Kay , is a strategic model that helps organizations identify and leverage their unique competitive advantages. Develop strategies based on strengths that competitors cannot easily replicate.
Closed Loop Customer Feedback in Marketing Strategy Closed loop feedback is not only a tool for customer serviceit plays a vital role in marketing strategy , customer experience design, brand development, and even campaign optimization. Use tools like: Text analytics and sentiment analysis Tagging systems for common issues (e.g.,
For team leaders, company directors, project managers , innovators and senior leadership, understanding the stages of AI maturity is essential for harnessing its power to drive innovation and efficiency. .: Level 4: Advanced Prompt Engineering: Teams craft detailed prompts to tailor AI outputs for precision. in their work.
Contingency Planning: A Practical Guide for Strategy Projects Contingency planning is the process of proactively preparing for potential risks, disruptions, or crises that could impact an organizations operations, strategy, or financial stability. Develop response strategies to mitigate or recover from those risks.
Innovation theater is very similar to what ecologists call "greenwashing" and both are bad for their respective movements. No, today I want to talk about the differences and problems when companies focus on innovation as a discrete project, versus what they really need, innovation as a competency or capability.
Scenario Planning: A Practical Guide for Strategy Projects Scenario Planning is a strategic methodology that helps organizations anticipate and prepare for potential future uncertainties. Develop proactive strategies to manage change. Develops Multiple Future Scenarios Explores a range of plausible futures to test strategic options.
Hoshin Planning System: A Practical Guide for Strategy Projects The Hoshin Planning System , also known as Hoshin Kanri , is a strategic planning methodology that aligns an organizations long-term vision with day-to-day operational execution. Encourages Employee Involvement Engages teams in strategy deployment, fostering ownership.
It seems so simple doesn’t it – “bringing final ideas to market”. Here in Europe, it is often suggested that “Europe is the cradle of creativity”, perhaps but I think the United States is “the crucible of innovation”, it forges ideas and takes them to market far better. So easy to say, yet it does seem so very hard to achieve.
Strategic Goals: A Practical Guide for Strategy Projects Strategic goals are long-term, high-level objectives that define the direction of an organization and guide decision-making. Innovation and expansion New product development, market penetration, and technological advancements. Lead Successful Strategy Projects!
Benefits of Integrating AI in Leadership Development Integrating AI into leadership development provides numerous benefits, allowing for more effective and efficient coaching processes. For more information on how AI can drive executive development, read our article on AI for executive development.
Understanding Innovation Innovation is the lifeblood of businesses seeking to thrive in a rapidly evolving market. With technology advancing at an unprecedented pace, consumer behaviors shifting, and new market entrants disrupting traditional industries, your ability to innovate determines your potential for growth and sustainability.
AI is a game-changer in the realm of leadership development, particularly when it comes to enhancing communication and influence skills. By leveraging AI tools, you can gain deeper insights into your communication patterns, understand areas for improvement, and develop strategies to boost your influence.
Stakeholder Analysis : AI-powered tools can assess stakeholder sentiment and influence, enabling you to develop targeted communication plans. Benefits of Integrating AI in Training and Development Incorporating AI into training and development programs offers numerous advantages that can significantly improve the upskilling process.
To dive deeper into specific applications, you can explore our article on ai-driven market analysis. Select Appropriate AI Tools: Choose tools that suit your needs and are user-friendly for your team. Train Your Team: Conduct training sessions to familiarize your team with AI technologies.
A fully centralized ownership of innovation and idea management naturally makes it easier to achieve “maturity”, since that one team can manage everything in a controlled manner, often with the same exact process for every idea and innovation. That, however, is where the problem lies.
For example, rather than saying your aim is to deliver nutritious food to the poor, you can say that the goal is to increase distribution of nutrients to a population with a particular income by 100% in the next 2 years. This will allow you to know whether you underperformed or not. It must be specific and should have deliverables.
We organize all of the trending information in your field so you don't have to. Join 29,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content